70000+ entries in 0.017s
mircea_popescu: either/or. but generally throwing out and redoing comes up a lot
mircea_popescu: the idea is to take the wintel blobs out of the fabrication line.
mircea_popescu: you know, originally tmsr embeddable work was done on xilinx. recently discovered superior alternative,
mircea_popescu: !!v 80E4122B2D7A0C1A5C85B9473A2559552A7366C7C965CA27D7AFD9FEEF659366
mircea_popescu: !!rate spyked 2 aka Lucian Mogosanu, arm guy and other things. e-known him for years.
mircea_popescu: are the cuntlets threatened a little or what is it ? no moar glamour for 1st lady ?
mircea_popescu: and in other lulz, how the fuck is it that the libertard media omit to point out melania is fucking hot, unlike that fat mammie obama dragged along ?
mircea_popescu: BingoBoingo so what's the story, is flake making it in az ?
mircea_popescu: the correct approach is rendering the idiotas for fat. as stalin did, as china does, as everyone who's worth two shits ever did.
mircea_popescu: nobody gives a shit about "poverty". let the plebs fucking croak.
mircea_popescu: in labour that's a wage, in capital that's an interest.
mircea_popescu: because management has to decide optimal usage of capital goods and labour, and thereby there's a time-value of both of these.
mircea_popescu: the time value of money comes preciselty from the "well applied" part.
mircea_popescu: "labor creates wealth" is unilateral nonsense, one of the three flavours available. what creates wealth is labour well applied to capital goods. that's people + management + tools.
mircea_popescu: and the reason british empire was dying already by the time hitler cut its head off was that the brits in their idiocy wanted all the various policies in india etc to be set from london.
mircea_popescu: but the ~reason~ for it is very much found in 1600s trade policy. the dutch had open trade, the english wanted all trade to go through london. their centralist, counterproductive approach is what sunk them. they kept getting freebies, such as when the dutch moved over under wilhelm to become "english", but by and large uk is a thrown rock. it goes down.
mircea_popescu: the decline has nothing to do with that. uk has been on a decline path since indeed, 1800s, and will continue to decline. and because their women are ugly, there's no italian parachute under their ass either. wales is a fine example of where england ends up.
mircea_popescu: they still do. for all that poverty, they actually got the 4th reich going over there.
mircea_popescu: well, they misjudged hitler and he frucked them. this was ~common at the time.
mircea_popescu: but anyway, back when "english" essentially meant dutch, it was doing just fine.
mircea_popescu: was doing a fuckload better before the introduction of the telegraph empowered the englishtarded concentration of administration. somehow they newver learned anything out of the america defeat.
mircea_popescu: mno, actually, before hitler quashed it it was doing ok-ish.
mircea_popescu: even 1960s soviets had better houses. how about that for "Shelves".
mircea_popescu: worst fucking shithole in all of europe, as far as that's concerned.
mircea_popescu: countries run by 12 year old girls, and then they wonder why a) there's no further demand for white males and b) the cuckening.
mircea_popescu: because in any disagreement of oppinion, he with the trade balance wins.
mircea_popescu: r0nin- and my slavegirls eat more than they shit. this makes their ass mine. not the other fucking way around
mircea_popescu: r0nin- china doesn't pay fucking taxes to the uk. you'll take it back in exchange for fucking gibraltar is what you'll do.
mircea_popescu: dja understand this ? the "not household" household of uk just sold its wedding ring and buttplug.
mircea_popescu: this leaves you with the unbacked currency, and it becomes more and more unbacked as the trade deficit progresses.
mircea_popescu: ok. so then : when you run a trade deficit, you are NOT exporting currency and importing goods..
mircea_popescu: let's try and get some basics welded down. do you understand "inflation" is the phenomenon of mismatched currency and goods ?
mircea_popescu: this is high art on the level of the holy tonsilectomy.
mircea_popescu: r0nin- stop fucking typing three words to the line. what are you, some kind of idiot ?
mircea_popescu: r0nin- look, this "deductively emplaced" government you keep thinking of doesn't exist irl.
mircea_popescu: it's fucking magic, he read it in the polish version of the new york times. THINK ABOUT IT!!!!
mircea_popescu: r0nin- i dun think you're qualified to discuss these matters.
mircea_popescu: it literally is the capital of a large, bn-strong spanish gypo world.
mircea_popescu: it's incredible, that place, the official capitol of the spanish main, every monkey from argentina to panama worships miami.
☟︎ mircea_popescu: lmao. why is it that the orcs always end up in miami ?
mircea_popescu: you are very naive ; moreover very impudent to go with it.
mircea_popescu: this notion that what you're exporting in a trade deficit situation is "the pound", ie, bezzle, is false. what you're exporting is always the value, bezzle always stays at home.
mircea_popescu: of course they did. that's why uk has no further industrial base, cuz they did.
mircea_popescu: so what if it got all the aztec gold, if all of it ended up with the dutch.
mircea_popescu: it's not that it has it. it's that it went from "empire" to "minor province" through maintaining a trade deficit. EXACTLY in the manner spain went from world's empire to minor province, two centuries earlier, through maintaining a trade deficit.
mircea_popescu: understand this ? at first there's 100 pounds of goods and 100 pounds sterling. then the uktards want to live above their means, so some bezzle is printed up, say a further 20 sterling. then the trade deficit starts, and in the next step there's 80 pounds worth of goods and 100 pounds sterling in the country. discounting the pound sterling from the original 1 to .8.
mircea_popescu: mno. the uk adds money to compensate for THE VALUE seeping out of the country.
mircea_popescu: uk deficit is powered by a huge trade imbalance, not some sort of local savings.
mircea_popescu: infanta of spain does have a sucky job in a sucky society, but at least she gets the fucking pearls. it makes some limited sense.
mircea_popescu: yes, but local has the excuse of local. it's one thing to be rice, or obama, the system pays. but being nemtsov ?
mircea_popescu: the most precious item is when cardbord-person makes evaluations as to the future!
mircea_popescu: (and , of course, they're making the eternal soviet mistake, spending 5bn on "research", except in healthcare, ai, batteries, self-driving vehicles, satellites etc. ie, trying to spend money to rewrite history with themselve in the picture. if you have a fucking clue you never invest in R&D in "hot" shit)
mircea_popescu: in other words, there's no greek stoppers for britain, once it goes it goes.
mircea_popescu: who would pay to fuck a british bag is anyone's guess.
mircea_popescu: the thing is, places like italy or spain have the natural-born whores to compensate, two or more to the household.
mircea_popescu: bigger problem sitll, their major partners are the us.
mircea_popescu: and the 40bn dun exist without the 50bn. you know how that goes, it's a "high paying bay area job"
mircea_popescu: and see, here's the true lulz picture : they exported 40bn worth of automotives. which looks like a something